Renforth Resources (CSE:RFR) has encountered visual mineralisation in two drill holes completed in the first undercut area at the Victoria Nickel-Copper-Cobalt Project in Canada.
Two undercut drill holes intersected visual mineralisation, drilled at 45 and 65 degrees, respectively. Mineralisation intersected includes chalcopyrite, sphalerite, pyrrhotite, and pyrite, occurring within mineralised graphitic mudstone, ultramafics, calc-silicate contact zone, and albite shears.
As previously reported, the drilling program is testing two mineralised zones first intersected during drilling in 2021 and 2022, with holes designed to undercut previously reported results.
The drill rig has moved and is now drilling an undercut in the second undercut area.
Victoria forms part of Renforth’s Malartic Metals Package property between Cadillac and Malartic, close to Agnico Eagle Mines’ (TSX:AEM) Canadian Malartic and LaRonde operations.
Parbec
At the Parbec gold deposit located in Canada, Renforth has received a drill permit.
Results from a recent channel sampling program undertaken at Parbec are yet to be received. The company says despite not having yet received the results from sampling additional felsite occurrences, these will be submitted to the lab.
In late June 2026, Renforth completed an initial channel cutting campaign using drone-assisted geological mapping across the open pit footprint of the Parbec deposit.
The company is also undertaking a capital raise, via the placement of critical mineral flow-through shares at C$0.03 per share. Each unit will comprise one share and half of one warrant. Warrants are exercisable for one share within an 18-month period at C$0.06.
Renforth Resources is a Canadian junior explorer focused on gold and battery metals in Canada.
Write to Aaliyah Rogan at Mining.com.au
Images: Renforth Resources
